Funding announcement press release template
Use this when your company has closed a funding round and needs to lead with the amount, the round type and the lead investor.
Your release scroll to read it all
FOR IMMEDIATE RELEASE [Company name] Raises [Funding amount] in [Funding round] Led by [Lead investor] [City], [Release date] - [Company name] today announced it has raised [Funding amount] in a [Funding round] round led by [Lead investor]. The company will use the funding to [What the money is for]. The round comes as [Company name] works to grow its core product, and the founders say the new capital lets them plan further ahead than a smaller raise would allow. [Lead investor] has worked with the company since an earlier round and will take a board seat as part of the new investment. The company says it chose [Lead investor] over other offers because of that existing relationship rather than the size of the check alone. "[Quote]" said [Spokesperson name], [Spokesperson title] at [Company name]. The round also included other investors alongside [Lead investor], and [Company name] says the funding gives it the runway to [What the money is for] without raising again this year. About [Company name] [About the company] Media contact [Contact name] [Contact email] [Contact phone] ###
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Before you send it
- Put the amount and the lead investor in the headline; reporters scan for both.
- State what the money is for in the lead, not just how much you raised.
- Keep the vision talk in the quote and the facts in the lead paragraph.
- Avoid a hollow investor quote; if you include one, make it specific to your company.
Written it? Now it has to reach someone.
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